Tuesday, January 7, 2020

India's Present Problems

CORONA VIRUS AS ON 7/4/20
No political ones considered.
Local:-
1.Unemployment due to Divestment,Privatization,GST [Needs tweeting],Demonetization,Less Investment especially from Private Sector.
2.Low Capacity Utilization.
3.US Dollars 162 Billion in US Treasuries & hence low Liquidity

4.Huge RBI Forex Reserves.$ 457 Billion 
5.Items 3 & 4 weaken the INR.
6.Item 1 adversely Consumer Spending & Confidence.
7.Banking Sector weak.
Global:-
1.Huge Debt,about $ 240 Trillion.
2.Trade & Currency Wars
3.Other wars,like in Syria,Iraq,Iran,Libya,Somalia,Yemen etc

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